We have around 25-30 sales person/ executive as per area and route allotted to them. We pay them as a consultant charge as we don't treat them as staff, showing 10% TDS deduction. For example:- If Mr. A's salary payable for a month is 10000/-, he will generate an invoice showing, Gross Amt Rs.11125/- Less: 10% TDS Rs.1112/- Net Payable Amt Rs.10012/-. We don't give them PF. How to pass this entry?
Also now we have to deduct Rs. 1000/- for uniform which will be providing. So, should I deduct before TDS or after TDS?
Also, we will give incentives depending upon sales targets. How to show/pass this entry?
CAclubindia
